Canada's main equity index finished the session in negative territory on Tuesday, with sector-level declines in Energy, Materials and IT pressuring the market. At the close in Toronto, the S&P/TSX Composite was down 0.19%.
Market breadth tilted toward losers: 536 issues on the Toronto Stock Exchange fell versus 418 that advanced, and 79 issues finished unchanged.
Leading movers
- Winners: TerraVest Industries Inc (TSX:TVK) led gains, rising 6.00% or 6.52 points to close at 115.22. Gildan Activewear Inc. (TSX:GIL) added 3.86% or 3.07 points to end at 82.54, and NFI Group Inc (TSX:NFI) climbed 3.32% or 0.74 points to finish at 23.05.
- Laggers: 5N Plus Inc. (TSX:VNP) was the session's largest decliner, sliding 9.67% or 4.13 points to 38.59. Energy Fuels Inc. (TSX:EFR) fell 5.70% or 1.21 points to end at 20.01, while Silvercorp Metals Inc (TSX:SVM) declined 5.51% or 0.82 points to close at 14.05.
Volatility and commodity moves
The S&P/TSX 60 VIX, which captures implied volatility for S&P/TSX Composite options, eased 2.46% to 15.06 by the close.
Commodities traded lower during the session. Gold futures for August delivery were down 1.86% or 81.15 to $4,282.25 a troy ounce. In energy, crude oil for July delivery fell 3.10% or 2.83 to $88.47 a barrel, while the August Brent contract slipped 2.68% or 2.53 to trade at $91.72 a barrel.
Currency and broader market indicators
The Canadian dollar was essentially unchanged against major peers in reported moves: CAD/USD was flat at a 0.03% change to 0.72, and CAD/EUR was unchanged at 0.10% to 0.62. The U.S. Dollar Index Futures was down 0.09% at 99.94.
These session-level outcomes left the S&P/TSX Composite slightly lower as commodity prices and sector performance drove relative winners and losers across the exchange.